Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-07-02-Speech-3-154"

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"en.20030702.4.3-154"2
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"Mr President, we welcome, and do not take for granted, Mr Lamy's cooperative approach in working with Parliament. There are issues which the Socialist Group, like others, finds difficult: the Singapore issues, especially investment and competition. Of course we appreciate the importance of both. On investment: currently there are over 2000 bilateral investment treaties. That leads to great complexity for developing countries and an imbalance of power, which will not disappear with a multilateral treaty. On competition: naturally domination by just a few companies leads to high costs, and developing countries are the prime victims. However, we are still concerned about our approach to the Doha Agenda, and we are not yet convinced that the WTO is the right place or that this is the right time to discuss investment and competition. Like the Commissioner, we have listened very carefully to developing countries. We know that they show very great disquiet about the Singapore issues. The declaration of the trade ministers of the least developed countries of 2 June made this absolutely clear. Some of the larger developing countries are downright opposed to negotiations on these issues. Therefore, there is no way near the explicit consensus which is needed. What should the EU do in those circumstances? Should we persist and foist an agenda on unwilling developing countries? If we do, there will be a price to pay in other negotiations! There are many more important issues and they are identified in our resolution and in the Commission's mandate. Let us concentrate on them at Cancun."@en1
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